So Keynes did have reservations about the model’s ability to incorporate expectations, and also about loanable funds theory.Social Democracy For The 21St Century: A Post Keynesian Perspective
Keynes’ Letters to John Hicks and IS-LM
Lord Keynes
So Keynes did have reservations about the model’s ability to incorporate expectations, and also about loanable funds theory.Social Democracy For The 21St Century: A Post Keynesian Perspective
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